Bank strike hits services; back to normal from today, another strike on 8, 9 January 2019

Banking operations were impacted due to a day-long nationwide strike called by all unions to protest the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

However, banking operations would be restored from December 27. This was the second bank strike in less than a week. On December 21, an officers’ union of state-run banks observed a day-long strike to protest the merger and also demanded immediate settlement of wage negotiations. Banks worked on December 24.

Public sector lender United Bank of India said on Wednesday that All India Bank Employees’ Association (AIBEA) has proposed another bank strike on January 8-9, 2019 to protest against pending issues related to banking industry.

“Indian Bank’s Association has informed about a proposed strike called by All India Bank Employees’ Association (AIBEA) and Bank Employees Federation of India (BEFI) on January 8-9, 2019 on various issues connected to the banking industry,” United Bank of India said in a filing to the Bombay Stock Exchange.

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